2 Eastern Avenue
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed | $399,900 | |
| Listed | |||
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Attention Contractors! Step into the charm and character of this 1910 Colonial, brimming with potential and ready for restoration. Perfectly situated in Hull’s Sagamore Hill neighborhood, this property offers harbor views and is just a short stroll to Nantasket Beach, the promenade, and all the coastal amenities that make this area so desirable. Enjoy your morning coffee or quiet evenings from the spacious covered wraparound mahogany porch with water views—a true highlight of this home. Featuring low-maintenance vinyl siding, a detached one-car garage, and original architectural details throughout, this home is a rare opportunity to reimagine a coastal classic. With easy access to the beach, shopping, dining, and more, this property offers the perfect canvas to create your dream seaside retreat or investment-worthy renovation. Best & highest offers due by Tuesday 7/8/25 @noon, please make all offers valid through 5pm on 7/8/25. Seller reserves the right to accept any offer at any time.
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| Dec 13, 2004 | Sold | ||
| Sold | |||
| Sep 13, 2004 | Listed | $429,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017